Dubai’s Deputy Ruler, Deputy Prime Minister and Minister of Finance, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, met with Kenneth M. Jacobs, the Chairman and Chief Executive Officer of Lazard, an international financial advisory and asset management firm. The meeting took place at the office of HH Sheikh Maktoum in the Dubai International Financial Centre.
He expressed Dubai’s commitment to supporting international companies in their efforts to expand by providing a world-class business-enabling ecosystem and a growth-friendly regulatory environment. To accelerate the sector’s development, Dubai places high value on establishing enduring partnerships with players across the financial services value chain.
In 2007, Lazard opened a Dubai office of its Financial Advisory practice in the Dubai International Financial Centre. Lazard Asset Management opened an office in Dubai in 2014. Mr. Jacobs said Lazard’s strategic location in Dubai, one of the world’s leading financial hubs, allows the firm to serve clients across Europe, Africa, and Asia. Dubai is an ideal location for Lazard to grow its business and expand its focus in the region.